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  2. SBA loan and startup funding for women - AOL

    www.aol.com/finance/sba-loan-startup-funding...

    Between the SBA 504 and 7(a) programs in the 2023 fiscal year, 13,056 were approved for women-owned businesses of 50 percent or more, compared to the 42,409 approved men-owned businesses. Gender ...

  3. SBA loan statistics: Race and gender - AOL

    www.aol.com/finance/sba-loan-statistics-race...

    The most current SBA lending report data shows that between the SBA’s 7(a) and 504 loan programs, more than 63,000 loans were issued in the 2023 fiscal year, with proceeds totaling just shy of ...

  4. 26 small business grants for minorities - AOL

    www.aol.com/finance/24-small-business-grants...

    Private small business grants for minorities 4. Wish Local Empowerment Grant. Wish created the Wish Local Empowerment Grant to provide financial assistance to its small business partners. Wish’s ...

  5. MicroLoan Program - Wikipedia

    en.wikipedia.org/wiki/MicroLoan_Program

    With microloans, borrowers can apply for up to $50,000 in funding. The requirements are a lot more lenient given that the total amount is far less than the typical SBA (7)(a). Other fees associated with the microloan include the application fee, loan processing fee, and the closing costs, which can add between 2 – 4% onto the loan itself.

  6. Service Corps of Retired Executives - Wikipedia

    en.wikipedia.org/wiki/Service_Corps_of_Retired...

    Service Corps of Retired Executives (SCORE) is a non-profit organization of volunteer counselors who provide free mentoring, education programs, workshops, and webinars to small businesses. [2] SCORE is a resource partner of the U.S. Small Business Administration (SBA) who administers a Congressional grant which provides SCORE with funding.

  7. Community Advantage Loan - Wikipedia

    en.wikipedia.org/wiki/Community_Advantage_Loan

    The U.S. Small Business Administration Community Advantage Loan program is designed for new and existing businesses that need loans under $250,000. The loan can be used to finance a startup company or expand an existing small business or buy real estate. The SBA guarantees 85 percent of loans up to $150,000 and 75 percent of loans greater than ...

  8. New bill aims to help fund Black student entrepreneurs - AOL

    www.aol.com/bill-aims-help-fund-black-183130320.html

    The legislation would create a program within the SBA to allow higher education institutions that serve minorities to apply for […] The post New bill aims to help fund Black student ...

  9. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...

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